This is for FY 18-19. The supplier has filed GSTR-1 on 30/01/2020, sept 18, therefore these invoices are not included in our Table 8a of GSTR-9 filed for that year, now when we see GSTR-2A for sept these invoices are visible with date of filing the GSTR-1, we had taken credit in sept 18 itself.
I want to know whether the credit taken by us in sept 18 itself is valid and will be allowed
Input Tax Credit Validity Confirmed for 2018-19 Claims; Section 16 of CGST Act Applies Despite Supplier Delay A participant in a forum sought clarification on the validity of Input Tax Credit (ITC) claimed in September 2018 for the fiscal year 2018-19. The supplier filed GSTR-1 late, causing these invoices to appear in GSTR-2A later. Experts in the discussion confirmed that the credit was validly claimed under Section 16 of the CGST Act and is not time-barred. They noted that the provisions for using GSTR-2B/2A for credit began in 2022, and the taxpayer is not at fault if the supplier delayed filing. A press release clarified that unclaimed credits from 2017-2019 are not recoverable. (AI Summary)
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